Earlier today, Saudi Arabia, Bahrain, the United Arab Emirates, Egypt and a growing list of other countries have cut diplomatic relations with Qatar for claims of it supporting terrorism.
“Qatar has been exposed to an instigation campaign based on allegations that amounted to absolute fabrications, which proves that there are premeditated intentions to cause damage to the State,” the Ministry of Foreign Affairs said in a statement.
“Qatar is an active member of the Gulf Cooperation Council (GCC), committed to its Charter, respects the sovereignty of other countries, does not interfere in their internal affairs, and carries out its duties in combating terrorism and extremism.”
— MOFA – Qatar (@MofaQatar_EN) 5 June 2017
But where did it all begin?
Around two weeks ago, Qatari Prince Tamim Bin Hamad talked about Arab media bias against Iran, the statement was faced by criticism from Saudi Arabia and its allies which is why it was retracted later on.
That led to seven countries deciding to cut diplomatic ties with Qatar, those countries will be closing borders, banning flights and ships to and from Qatar. Most of them gave their officials in Qatar 48 hours to leave the country.
Qatar has also been involved in supporting the Muslim Brotherhood, and Islamist group banned in Egypt for its terroristic acts. Egypt’s foreign ministry spokesman, Ahmed Abu Zeid, said that the Qatari Ambassador to Egypt had been summoned and he was handed an official letter to end his service as an ambassador to Egypt and given 48 hours to leave.
Countries have been joining and the current conditions led to a market fallout in Qatar—its stock exchange is going down.
There will definitely be consequences to the news; it’s been assumed that countries might lose billions and oil prices will face a huge change in the next couple of days, however, nothing is clear yet. We’ll keep you updated.